Question about utilization?

Anonymous · ‎04-01-2015

I want to ask if i can maxed out my one card (Quicksilver Cap1) with 1k credit, but i do have 13k overall credit. Will it hurt my score if i maxed my other card? or atleast 70% of 1k? I wanted to do that so i can get auto CLI from them.

Anonymous · ‎04-01-2015

@Anonymous wrote:
I want to ask if i can maxed out my one card (Quicksilver Cap1) with 1k credit, but i do have 13k overall credit. Will it hurt my score if i maxed my other card? or atleast 70% of 1k? I wanted to do that so i can get auto CLI from them.

Yes, if you max out one card (>75%) it will negatively impact your score, even if your over utilization is still reasonable.

elim · ‎04-01-2015

CLI mode...

push the limit and pay it off (or down to 30%) before the statement cuts and always PIF to avoid interest. if you can do it 2 times in one billing cycle then do it (rinse repeat). they will see you are using their card and need a higher limit and may actually extend one (you may have to ask).

best of luck.